LE PICKY CLUB: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LE PICKY CLUB
Largest movements
- Tangible fixed assets +€42,765
up €42,765 (+40.5%), from €105,711 to €148,476
of which Furniture and vehicles: +€56,783
- Receivables within one year +€2,590
up €2,590 (+5.1%), from €50,459 to €53,049
of which Other amounts receivable: +€1,934
- Debts after one year +€30,906
new in 2025: €30,906
- Current portion of long-term debt +€12,176
new in 2025: €12,176
- Other debts +€10,072
up €10,072 (+15.4%), from €65,426 to €75,498
- Advances received -€8,000
no longer reported in 2025 (was €8,000)
- Tax, wage and social debts -€4,779
down €4,779 (-40.6%), from €11,770 to €6,991
of which Taxes: -€6,359
- Gross operating margin +€14,965
up €14,965 (+33.8%), from €44,313 to €59,278
- Depreciation +€3,703
up €3,703 (+31.0%), from €11,930 to €15,633
- Taxes +€2,853
up €2,853 (+37.6%), from €7,596 to €10,449
- Financial charges +€747
up €747 (+20.7%), from €3,617 to €4,364
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,254 | €206,347 | +€43,093 | +26.4% |
| Fixed assets | 21/28 | €105,711 | €148,476 | +€42,765 | +40.5% |
| Tangible fixed assets | 22/27 | €105,711 | €148,476 | +€42,765 | +40.5% |
| Land and buildings | 22 | €83,717 | €74,870 | -€8,847 | -10.6% |
| Furniture and vehicles | 24 | - | €56,783 | +€56,783 | |
| Other tangible fixed assets | 26 | €21,994 | €16,823 | -€5,171 | -23.5% |
| Current assets | 29/58 | €57,543 | €57,871 | +€328 | +0.6% |
| Stocks and contracts in progress | 3 | €800 | €800 | = | 0.0% |
| Stocks | 30/36 | €800 | €800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50,459 | €53,049 | +€2,590 | +5.1% |
| Trade receivables | 40 | - | €656 | +€656 | |
| Other amounts receivable | 41 | €50,459 | €52,393 | +€1,934 | +3.8% |
| Cash at bank and in hand | 54/58 | €2,750 | €2,030 | -€720 | -26.2% |
| Deferred charges and accrued income | 490/1 | €3,534 | €1,992 | -€1,542 | -43.6% |
| Total equity and liabilities | 10/49 | €163,254 | €206,347 | +€43,093 | +26.4% |
| Equity | 10/15 | €74,666 | €75,546 | +€880 | +1.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,466 | €7,346 | +€880 | +13.6% |
| Amounts payable | 17/49 | €88,588 | €130,801 | +€42,213 | +47.7% |
| Amounts payable after more than one year | 17 | - | €30,906 | +€30,906 | |
| Financial debts | 170/4 | - | €30,906 | +€30,906 | |
| Amounts payable within one year | 42/48 | €87,538 | €99,895 | +€12,357 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | - | €12,176 | +€12,176 | |
| Trade debts | 44 | €2,342 | €5,230 | +€2,888 | +123% |
| Suppliers | 440/4 | €2,342 | €5,230 | +€2,888 | +123% |
| Advances received on contracts in progress | 46 | €8,000 | - | -€8,000 | |
| Taxes, remuneration and social security | 45 | €11,770 | €6,991 | -€4,779 | -40.6% |
| Taxes | 450/3 | €11,770 | €5,411 | -€6,359 | -54.0% |
| Remuneration and social security | 454/9 | - | €1,580 | +€1,580 | |
| Other amounts payable | 47/48 | €65,426 | €75,498 | +€10,072 | +15.4% |
| Accrued charges and deferred income | 492/3 | €1,050 | - | -€1,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,930 | €15,633 | +€3,703 | +31.0% |
| Other operating charges | 640/8 | €4,646 | €4,742 | +€96 | +2.1% |
| Gross operating margin | 9900 | €44,313 | €59,278 | +€14,965 | +33.8% |
| Operating profit (loss) | 9901 | €27,737 | €38,903 | +€11,166 | +40.3% |
| Financial income | 75/76B | €1,995 | €1,790 | -€205 | -10.3% |
| Recurring financial income | 75 | €1,995 | €1,790 | -€205 | -10.3% |
| Financial charges | 65/66B | €3,617 | €4,364 | +€747 | +20.7% |
| Recurring financial charges | 65 | €3,617 | €4,364 | +€747 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €26,115 | €36,329 | +€10,214 | +39.1% |
| Income taxes | 67/77 | €7,596 | €10,449 | +€2,853 | +37.6% |
| Profit (loss) for the period | 9904 | €18,519 | €25,880 | +€7,361 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,519 | €25,880 | +€7,361 | +39.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.